Why is BYD the pride of China?
Let's see, just know how popular BYD is overseas.
Recently, Austria's intention to purchase electric vehicles produced by Chinese manufacturer BYD as official vehicles has caused an uproar. Local newspapers such as the "News" and "Standard Daily" have published comments from both positive and negative aspects.
For example, Deutsche Welle published a report: "German**: Austria** wants to buy a Chinese car, is it a blessing or a curse?"., which explains the concerns about the purchase of Chinese cars.
One thing to say, if the Chinese car is not recognized by the professional, will Austria buy it?
Chinese products are not only cheaper, but also superior in terms of performance, after-sales service and other aspects, which is the most recognized place by consumers.
You may not know how extensive BYD's overseas layout is
As a global leader in new energy vehicles, BYD's new energy passenger vehicle business has covered 19 European countries and regions, with a total of more than 170 stores and won overseas awards.
Let's talk about the data, as of September 2023, BYD's overseas sales are close to 150,000 units, and its sales volume has won the new energy champion in many countries.
Currently, BYD Atto 3 (Meta Plus), Dolphin and Seal are available in the UK, France, Italy, Spain and Turkey.
At the same time, the seal was selected as one of the shortlist for Europe's 2024 model of the year, and the BYD Atto 3 (Yuan Plus) was also named the best compact SUV of the year in Ireland.
Especially the latter, the major ** gave high praise to the performance of this car, praising its light and smooth driving feeling, while having excellent safety performance and excellent endurance.
At the beginning of 2023, China's new energy vehicle BYD entered the European market, attracting widespread attention abroad.
The local mainstream TV station DW Deutsche Welle and well-known German automobiles** tested BYD ATTO3 and gave it wide praise.
In addition, the British News UK, the well-known French car magazine Auto Moto, etc., as well as the European authoritative ** judging group Auto Best, also have a high evaluation of BYD's products.
The safety performance and environmental performance of BYD's new energy vehicles have even obtained five-star certification from authoritative European evaluation institutions.
These data fully demonstrate BYD's strong competitiveness and market position in the global new energy vehicle field.
At the same time, BYD not only sells cars in Europe, but also makes cars in Europe.
On December 22, 2023, BYD announced that it will build a new energy vehicle production base in Szeged, Hungary, which will be built in phases, covering an area of more than 300 hectares and is expected to create thousands of local jobs.
It is reported that the new production base plans to use the world's advanced process equipment and highly automated production processes to build the world's leading new energy vehicle manufacturing base.
This is BYD's first European factory, and the Hungarian foreign minister was so happy that they celebrated online for the first time.
It is worth mentioning that although Hungary is not a traditional automobile manufacturing powerhouse, relying on the industrial transfer of Germany's automobile manufacturing industry and the relatively cheap cost advantage, the country has established a radiating European auto parts and vehicle manufacturing capacity with the help of foreign capital.
According to the data, more than 14 of the world's top 20 car manufacturers have established vehicle manufacturing plants and auto parts production bases in Hungary
More than half of the world's 100 largest auto parts companies have factories in Hungary.
On the other hand, for BYD, it can use its own advantages in the whole industry chain to help the local build a green ecosystem and build a European vehicle manufacturing base, so it is a win-win situation for both parties.
According to sources, BYD aims to mass-produce the first batch of new cars in Europe as early as 2025, and hopes to dominate the European electric vehicle industry by the end of this decade.
It is worth mentioning that in addition to Hungary, BYD is also seeking the possibility of establishing vehicle factories in France, Spain, Germany and other European countries.
At the same time, seeing BYD's layout in Europe, other domestic new energy vehicle industries have also followed suit, such as NIO, SAIC and so on.
Even EVE, GEM, Kodaly, etc., have formed a "battery group" to go to Hungary to discuss cooperation.
According to the European Automobile Manufacturers Association (ACEA), by 2030, 3 out of every 5 cars in Europe will be new energy vehicles, and the penetration rate of new energy vehicles will reach 60%.
In the field of new energy, Chinese manufacturers have controlled 2 3 shares of the electric vehicle battery market.
According to the International Energy Agency's Global EV Outlook 2023 released in the first half of 2023, the Chinese, European, and U.S. markets dominate global sales.
Among them, China has once again become the frontrunner, with its electric vehicle sales accounting for about 60% of global electric vehicle sales.
With such a monopoly situation, the United States and other countries in the European Union will probably cry and faint in the car when they see it.
Data shows that in 2022, China's pure electric vehicle sales increased by 60% compared to 2021 to 4.4 million units, and plug-in hybrid vehicle sales nearly tripled to 1.5 million units.
China's new energy vehicles are singing all the way overseas, which shows that Chinese cars are recognized by the international market, and this is not only the pride of BYD, but also the pride of China.
Once upon a time, BYD Chairman Wang Chuanfu said: "It is not Americans or Germans who will lead the automobile market in the future, but Chinese." ”
And now, this sentence has come true like a prophecy, so if a miracle has a color, it must be Chinese red.